And the shit hits?
No worries though, it is just another weak hands panic.
Celebrate DPOS!
Did you know the Litecoin and Tokenpay foundations became stockholders of a German bank? Now that is some funny plot twist after that weird Bank for International Settlements {BIS} big-banker-cliche-end-boss puked out some nonsense. So kids, do not create money out off nothing, you hear? No, do it connected to debt, like the banks do and raise it with interest. Why? Because that way it can never repayed and more loans are needed.
Thus creating more money, causing ongoing devaluation, with an economical crises guarantee. And all tax-payers have to safe your sorry ass when a bankers debt crisis becomes real. The beauty of that? No one blames the banks, politicians and media will spin it, so people will blame other people. Most of the time the poorest of the poor. As they have no voice, they are the ideal scape-goat.
So, it is a great idea to grab control of the banks, by becoming large stake-holders. It is time to take control, break the monopoly on money creation. Cryptos do it debt and interest free, so they gain in intrensic value, while bankers money creates debt, makes it worse with interest, giving us devaluation with a crises guarantee. Cryptos are the alternative to a corrupt and broken system. Keep creating them Cryptos kids, decentralize everything!
Top three!
Yes, I was coming around to the DPOS {Delegated Proof Of Stake} part. Because while some forking Proof Of Work {POW} blockchain split business clone is using tools to SPAM their own blocks with transactions, others have real transactions. Not 20'000 or some more, no I am talking about millions a day! And you know who is actually making it real, without breaking a single drop of sweat? It is the DPOS Trinity: Bitshares, Steem and EOS!
Combined they kick out more than 6 million transactions in 24 hours. No furry creatures choking it. And they keep progressing through innovation. Yes mister BIS banker, they innovate and create value that is increasing! Fast blocks, Bitshares and Steem like 3-2-1-DONE! EOS even does two blocks per second. These DPOS blockchains rule and some regions on this planet already got that. But elsewhere DPOS is still heavily undervaluates.
Now all this FUD {Fear, Uncertainty, Doubt} is still as annoying as it was before. Hard to believe the market is not fact checking, but instead responds in panic to every bleeding fart. There is a slight setback, where the total Cryptos market cap should have moved beyond 300 billion USD by now it dropped to 250. It is so freaking annoying because it just like sheeps in panic behaviour, amazing...
Peace out.
There are changes visible though. Where the cleansing of the Cryptos market could come to a conclussion within a couple of months. But as long as most Cryptos strongly mimic the Bitcoin, BTC, pattern it might not before the end of summer. What could be done within a couple of days is the ever so much needed 300 billion USD market cap breakthrough.
And from my point of view this needs to involve the DPOS trinity. There is so much potential in the Bitshares, Steem and EOS blockchains that it has to be recognized by the market at some point. And maybe we, as the DPOS community, should start some fun way to promote it.
Remember that much memed bitconnect video? Now, how about some DEE PEE OO ESSSSS! way of spreading the word? Anyway, things will get better at some point. Next up, 300 billion USD...
May the Cryptos be with us!
The DPOS trinity rules!
Screenshot taken at http://blocktivity.info